Milan extends Gattuso's contract until 2021
ABS-CBN Sports on Apr 06, 2018 07:49 AM
FILE - In this Sept. 13, 2014 file phtoto, OFI's coach Gennaro Gattuso of Italy gives instructions to his players during a Greek Soccer League match at the Georgios Karaiskakis stadium against Olympiacos in the port of Piraeus, near Athens. On Monday, Nov. 27, 2017 AC Milan fired Vincenzo Montella and named Gennaro Gattuso as coach Monday after the club failed to produce inspiring results with a completely revamped squad. (AP Photo/Thanassis Stavrakis file)
MILAN (AP) — AC Milan coach Gennaro Gattuso's contract has been extended until the end of season 2020-21.
While details of the new deal were not released in Thursday's announcement, according to media reports it is worth 2 million euros ($2.5 million) per season — a huge increase on the annual 120,000 euros that Gattuso was earning.
The former Italy and Milan midfielder was promoted from youth-team coach in November to replace the fired Vincenzo Montella and has guided his team to sixth place in Serie A.
Milan, seven-times European Cup winners, will also meet Juventus in next month's Italian Cup final.
"I hope to continue ... to do things well and bring Milan back where it's accustomed to being," Gattuso said.
CEO Marco Fassone said the club wants to begin a "long-term project" with Gattuso.